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7IM · 17 hours ago

Compensation & Benefits Specialist

Select, KY

Full-time

Onsite

Senior Level

7IM is a company focused on providing wealth management services, and they are seeking a Compensation & Benefits Specialist to design and govern reward strategies across multiple entities. This role involves leading core reward activities, managing annual pay cycles, and providing expert advice to senior leaders while ensuring compliance and alignment with business objectives.

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Responsibilities

Support the development and execution of Group wide compensation and benefits strategies, ensuring alignment with business objectives, market practice, and regulatory requirements

Act as a subject matter expert on reward matters across all entities, providing trusted advice to senior leaders, People and Culture colleagues, and Finance

Contribute to the ongoing evolution of reward frameworks to support attraction, retention, performance, and engagement across a diverse workforce and operating model

Review and rationalise existing compensation and incentive arrangements, identifying opportunities to reduce unnecessary complexity, improve consistency, and simplify administration

Support the design and implementation of more scalable and sustainable reward structures that can be applied effectively across multiple entities while retaining appropriate flexibility where required

Lead and coordinate the annual salary and bonus review processes across multiple entities, ensuring accurate data, strong governance, and timely delivery

Build and maintain reward models and budgets, partnering with Finance to support decision-making and approvals

Support off-cycle reviews, promotions, and retention cases with clear analysis and recommendations

Own the governance and operation of all variable pay and bonus schemes, including adviser and income-fee based remuneration structures

Ensure schemes are clearly documented, consistently applied, and aligned with business, conduct, and regulatory expectations

Review scheme effectiveness and support enhancements where required

Lead compensation benchmarking activity using external market data and salary surveys to inform pay positioning and decision making

Manage job evaluation and role matching to support consistent grading and pay structures across entities

Deliver detailed pay analysis to support recruitment, promotion, and reward decisions

Manage the review and renewal of benefits arrangements across the Group, working with brokers and providers as required

Support the implementation of new or revised benefits

Ensure benefits provision remains competitive, cost-effective, and aligned to colleague needs

Ensure the integrity, accuracy, and accessibility of compensation and benefits data across HR and payroll systems

Produce ad-hoc reports for senior leaders, committees, and governance forums

Support regulatory, audit, and disclosure requirements by providing accurate remuneration data and analysis

Support People and Culture due diligence activity for mergers and acquisitions, working closely with the HR lead for M&A and other relevant stakeholders

Lead the review and analysis of compensation, bonus, incentive, and benefits structures within target organisations, identifying risks, costs, inconsistencies, and areas of complexity

Assess alignment of target reward arrangements with Group reward principles, market practice, and regulatory expectations

Support the development of reward related integration plans, including recommendations on harmonisation, transitional arrangements, and future-state reward structures

Provide clear analysis and documentation to inform decision making during due diligence and post-acquisition integration phases

Provide guidance to People and Culture Business Partners and managers on compensation and benefits matters

Support effective communication of reward programmes, including total reward statements and leadership materials

Build strong working relationships across People and Culture, Finance, Payroll, and the wider business

Qualification

Compensation analysisReward strategy developmentData reportingExcel proficiencyProject managementAnalytical thinkingStakeholder managementClient-centric approachCommunication skills

Required

Previous/current Reward/Compensation experience at senior level within a Wealth Management or Financial Services sector

Extensive experience in compensation data analysis

Demonstrable experience managing annual pay and bonus cycles and variable pay arrangements

Experience working across multiple legal entities with differing remuneration models

Strong technical skills with Excel; comfort with data analysis, dashboards, and compensation analytics

Project management skills, with the ability to prioritise and manage multiple assignments in a fast-paced environment

A consultative mindset and client-centric approach to problem solving with the ability to influence and drive change

Excellent analytical and strategic thinking skills; ability to interpret data and translate insights into actionable recommendations

Excellent communication and interpersonal skills to collaborate effectively and confidently with diverse, senior level stakeholders across all the different entities of the Group

Ability to work in a fast-paced and dynamic environment, with a high level of adaptability

Ability to build trust and collaborate effectively with stakeholders at all levels, including P&C, Finance, and Executive Committee